07/31/26 03:38:00
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07/31 03:34 CDT Asian soccer body joins opposition to FIFA and Infantino's
World Cup private equity plan
Asian soccer body joins opposition to FIFA and Infantino's World Cup private
equity plan
KUALA LUMPUR, Malaysia (AP) --- Asia's soccer body joined opposition to Gianni
Infantino's plan for private investors to buy stakes in the World Cup and said
Friday FIFA must urgently review its management style.
The Asian Football Confederation said it "stands in solidarity" with European
body UEFA and North America's CONCACAF which on Thursday respectively
threatened a boycott of FIFA competitions and rejected Infantino's offer of $20
million to each member federation.
Infantino's proposed $20 billion commercial subsidiary for FIFA events backed
by New York-based investor Joshua Kushner "cannot realistically achieve the
necessary broad consensus and unity required to move forward" and must be
reconsidered, the AFC said in a statement.
"Accordingly, the AFC calls upon FIFA to undertake an urgent review of its
governance and decision-making framework," the 47-nation Asian soccer body said.
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AP soccer: https://apnews.com/hub/soccer and AP World Cup coverage
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